trade nivesh equity report 30.05.2016

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Page 1: Trade nivesh equity report 30.05.2016

10/1, 2nd Floor, Bharat Bhavan,Near Rani Sati Gate, Yashant Niwas Road

Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: [email protected] Telephone :+91-731-698.3000

Equity WEEKLY REPORT

30-MAY-2016

Page 2: Trade nivesh equity report 30.05.2016

GLOBAL MARKET WEEKLY

INDICES CLOSE CHANGE (%)

DOW JONES 17873.22 2.13

NASDAQ 4933.50 3.44

CAC 40 4514.74 3.69

DAX 10286.31 3.73

FTSE 100 6270.79 1.86

NIKKEI 16834.84 0.59

HANG SENG 20576.77 3.65

SHANGHAI COM. 2821.05 -0.16

NSE DAILY TOP GAINERS

SCRIPT CLOSE CHANGE (%)

BPCL 1012.00 9.19

ST. BK OF IND IA 195.90 6.38

SUN PHARMA 824.95 5.85

ADANIPORTS 191.70 3.73

RELIANCE IND. 974.70 2.94

NSE DAILY TOP LOSERS

SCRIPT CLOSE CHANGE (%)

TATA POWER 72.60 -1.43

ONGC 213.00 -1.41

AXIS BANK 512.40 -1.27

TECH MAHINDRA 535.90 -1.18

ITC 359.30 -0.87

INDIAN MARKET WEEKLY OUTLOOK

INDIAN INDICES WEEKLY

INDICES CLOSE CHANGE (%)

NIFTY 8156.65 5.25

SENSEX 30 26653.60 5.34

NIFTY 500 6797.00 4.36

NIFTY BANK 17511.80 6.25

NIFTY IT 11420.85 3.49

NIFTY MIDCAP 13270.05 2.31

NIFTY SMALL CAP 5223.05 1.40

INDIAN SECTORIAL INDICES WEEKLY

INDICES CLOSE CHANGE (%)

NIFTY PHARMA 11206.80 1.23

NIFTY AUTO 8393.95 3.88

NIFTY METAL 1968.80 3.12

NIFTY FMCG 20907.55 6.10

NIFTY ENERGY 8454.00 3.96

NIFTY INFRA 2755.65 7.65

NIFTY FIN. SER. 7189.45 6.37

NIFTY SER. SEC.. 10597.35 5.10

NIFTY MEDIA 2546.00 2.22

NIFTY REALTY 183.35 4.26

COMMODITY AND CURRECY WEEKLY

INDICES CLOSE CHANGE (%)

GOLD COMEX 1216.70 -2.89

GOLD INDIAN 28857.00 -3.67

SILVER COMEX 16.269 -1.59

SILVER INDIAN 38866.00 -2.43

WTI CRUDE NY. 49.33 3.31

CRUDE INDIAN 3310.00 0.88

USD-INR 67.3625 -0.82

EUR-INR 75.3825 -1.16

GBP-INR 98.7150 -0.17

JPY-INR 61.4500 -0.19

Page 3: Trade nivesh equity report 30.05.2016

NIFTY WEEKLY OUTLOOK

Indian benchmark index Nifty weekly closed at

8156.65 up 5.25 per cent. Nifty benchmark in-

dex made new seven month high. The weekly

rally was led by infra, banking and financial

and fmcg stocks. Even the all sectorial indices

closed in green. Infrastructure sector closed

highest performer in all indices. In technical

front the Nifty index has broken and closed

above major resistance level 8000 after seven

month. If positivity may continue then Nifty

index touch the 8330 level in upcoming week.

NIFTY WEEKLY

INDEX CLOSE CHANGE CHG.(%)

NIFTY 8156.65 406.95 5.25

The Nifty Bank index weekly closed in

green sign after the major consolidation

face, and settled at 17511.80 up by 6.25

per cent. In technical front Nifty Bank

index has broken and closed higher after

long consolidation zone, with higher vol-

ume. If may possible this rally continue to

touch the near resistance level 18050

mark in upcoming week.

NIFTY BANK WEEKLY

INDEX CLOSE CHANGE CHG.(%)

NIFTY BANK 17511.80 1030.35 6.25

NIFTY BANK WEEKLY OUTLOOK

Page 4: Trade nivesh equity report 30.05.2016

WEEKLY STOCK CASH RECOMMENDATION

WEEKLY STOCK RECOMMENDATION

WEEKLY STOCK FUTURE RECOMMENDATION

SAIL LTD. has broken resistance level

42 with high volume and is showing

strong bullishness in daily chart. If

may break the daily high of Rs. 43.50

then it can blast and touch the 48.50

level in upcoming week.

Buy SAIL LTD. above Rs.43.75 and the

first target of Rs.46 and second target

of Rs.48.50 with maintain stop loss of

Rs.40.50.

SAIL LTD.

ENTRY TARGET STOPLOSS

43.75 46-48.50 40.50

ORIENTBANK Future (30-JUNE-16) has

formed higher top higher bottom formation

in daily chart and show strong bullishness.

If may break the near resistance level 87

then this trend will continue and touch the

upper resistance level 93 in upcoming

week.

Buy ORIETNBANK Future (30-JUNE-16)

Above 87 and the first target of Rs.90 and

second target of Rs.93.10 with maintain

stop loss of Rs.82.50.

ORIETNBANK (FUTURE)

ENTRY TARGET STOPLOSS

87 90-93.10 82.50

Page 5: Trade nivesh equity report 30.05.2016

STOCK IN NEWS

DR REDDY LTD.

Drug major Dr Reddy's will buyback

around 44.85 lakh shares, accounting for

about 2.6 per cent of the existing paid up

capital of the company, for up to Rs 1,569.4

crore.

MARUTI SUZUKI LTD

Nearly 1.4 lakh cars have been recalled in

the country over the past one month. The

latest in the row is Maruti Suzuki, which is

recalling 75,419 units of Baleno small cars

(petrol and diesel, including 17,231 export

units) and around 2,000 units of the Dzire

entry sedan.

INDIAN OIL CORPORATION

Flagship refiner-marketer IndianOil Corpo-

ration on Friday reported a net profit of Rs

10,399 crore in 2015-16, to become nation's

second most-profitable state-run entity after

Oil and Natural Gas Corporation.

COLGATE PALMOLIVE

FMCG firm Colgate Palmolive (India) Ltd

today declared an interim dividend of Rs 3

per equity share of Rs 1 each for the finan-

cial year 2015-16.

INDIAN OIL CORPORATION

Indian Oil Corporation Ltd aims to reach a

refining capacity of 9-10 mn tonne in this fis-

cal at its 15 mn tonne crude oil refinery at

Paradeep.

INDIA CEMENTS

India Cements registered a 40% jump in its

fourth quarter net profit at 51.21 crore up

from 36.60 crore clocked in the year-ago peri-

od. The company's total income rose to

1,154.14 crore from 1,043.10 crore last Q4.

MUTHOOT FINANCE

Country's largest gold financing compa-

ny Muthoot Finance today reported a 61 per

cent jump in net profit at Rs 265 crore for the

quarter ended March, 2016 driven by higher

loan disbursals.

CENTRAL BANK

Central Bank of India also registered a consol-

idated loss of Rs 1,396 crore but for the entire

fiscal ended March 2016 due to higher provi-

sions for bad assets. The public-sector lender

had posted a net profit of Rs 666 crore in 2014

-15.

INDIAN OVERSIES BANK

Indian Overseas Bank (IOB) posted a net loss

too of Rs 936 crore for the quarter ended

March 31, 2016, as compared to net profit of

Rs 35.5 crore for the quarter ended March 31,

2015.

Page 6: Trade nivesh equity report 30.05.2016

NIFTY STOCKS WEEKLY PIVOT TABLE

Last week price Resistance Zone Pivot

Point

Support Zone

Stock Name Week

Close Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3

NIFTY 8156.7 8757 8460.6 8308.6 8012.2 7860.2 7563.8 7411.8

BANKNIFTY 17511.8 19089.4 18316.3 17914.1 17141 16738.8 15965.7 15563.5

SENSEX 26653.6 28656.2 27666.8 27160.2 26170.8 25664.2 24674.9 24168.3

ACC 1525.2 1718.9 1626.1 1575.6 1482.8 1432.3 1339.5 1289

AMBUJACEM 231.1 262.2 247.1 239.1 224 215.9 200.8 192.8

ASIANPAINT 996.8 1078.6 1040.2 1018.5 980.1 958.4 920 898.3

AXISBANK 514 575 550 532 507 489 464 446

BAJAJ-AUTO 2560 2857.5 2719.7 2639.9 2502.1 2422.3 2284.5 2204.7

BANKBARODA 140.2 157.1 149 144.6 136.4 132 123.9 119.5

BHARTIARTL 353 376 366.8 359.9 350.7 343.8 334.6 327.7

BHEL 128.1 151.5 141.9 135 125.3 118.4 108.8 101.9

BPCL 1005.4 1203.2 1114 1059.7 970.4 916.1 826.9 772.6

CAIRN 138.5 149.3 145.6 142.1 138.4 134.9 131.2 127.7

CIPLA 473.5 555.7 532.9 503.2 480.3 450.6 427.8 398.1

COALINDIA 281.5 291.6 288 284.8 281.2 278 274.4 271.2

DRREDDY 3111 3283.9 3210.9 3161 3088 3038.1 2965.1 2915.2

GAIL 378.7 414.6 402.2 390.4 378.1 366.3 353.9 342.1

GRASIM 4360 4626.6 4505.8 4432.9 4312.1 4239.2 4118.4 4045.5

HCLTECH 756 796.8 778.2 767.1 748.6 737.5 718.9 707.8

HDFC 1250 1402.8 1335.6 1292.8 1225.6 1182.8 1115.6 1072.8

HDFCBANK 1181.4 1260 1225 1203.2 1168.2 1146.4 1111.4 1089.6

HEROMOTOCO 2995 3188.1 3099.1 3047 2958 2906 2817 2764.9

HINDALCO 92 104.5 98.6 95.3 89.4 86.1 80.2 76.9

HINDUNILVR 861 933.2 899.6 880.3 846.7 827.4 793.8 774.5

ICICIBANK 241.9 281.1 264.7 253.3 236.8 225.4 209 197.6

IDEA 112.7 127 121.2 116.9 111.1 106.8 101 96.7

IDFC 49.7 57.1 54.3 52 49.1 46.8 44 41.7

INDUSINDBK 1103.4 1203.2 1157.5 1130.5 1084.8 1057.8 1012.1 985.1

INFY 1245 1359 1309.3 1277.1 1227.4 1195.2 1145.5 1113.3

ITC 359.5 393.7 378.8 369.2 354.3 344.7 329.8 320.2

KOTAKBANK 738.1 809.8 777.2 757.7 725.1 705.5 672.9 653.4

LT 1472 1827 1656.8 1564.4 1394.2 1301.8 1131.6 1039.2

LUPIN 1482.7 1623.1 1579.3 1531 1487.1 1438.8 1395 1346.7

M&M 1334 1480.3 1421.2 1377.6 1318.4 1274.8 1215.7 1172.1

Page 7: Trade nivesh equity report 30.05.2016

NIFTY STOCKS WEEKLY PIVOT TABLE

SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS

ITC LTD (FUTURE) BUY 340 348 359 330 BOTH TGT ACHIEVED

FEDERALBANK (CASH) BUY 52 55 59.25 47.90 OPEN POSITION

DRREDDY (CASH) BUY 2950 2990 3030 2900 BOTH TGT ACHIEVED

FEDERALBANK (FUTURE) BUY 49 52.20 55 45 1ST TGT ACHIEVED

GLENMARK (FUTURE) BUY 844 856 872 828 SL TRIGGERED

AMARAJA BATTERY(FUTURE) BUY 964 978 993 957 SL TRIGGERED

IBULHSGFIN (FUTURE) BUY 677.50 684.50 693.00 665.00 BOTH TGT ACHIEVED

UNION BANK (CASH) BUY 134.50 138.50 142.50 129.50 SL TRIGGERED

ORIENT BANK (FUTURE) BUY 93.50 97.00 102.00 88.50 BOTH TGT ACHIEVED

VEDANTA LTD (CASH) BUY 95 99 104 89 BOTH TGT ACHIEVED

PIDILITE IND (FUTURE) BUY 604 611 619 594 BOTH TGT ACHIEVED

CASTROL INDIA (CASH) BUY 380 385 392 372.05 1ST TGT ACHIEVED

OUR MONTHLY RECOMMENDATIONS

Last week price Resistance Zone Pivot

Point

Support Zone

Stock Name Week

Close Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3

MARUTI 4132.2 4500.6 4331.3 4231.8 4062.5 3962.9 3793.6 3694.1

NMDC 92.6 100.4 96.8 94.7 91.1 89 85.4 83.3

NTPC 140.2 150.6 146.5 143.4 139.3 136.2 132.1 129

ONGC 212.6 237.6 229.4 221 212.8 204.4 196.2 187.8

PNB 77.5 86.4 82.1 79.8 75.4 73.1 68.8 66.5

POWERGRID 150.3 160.9 156.6 153.5 149.2 146.1 141.8 138.7

RELIANCE 973.1 1042.7 1009.8 991.5 958.6 940.2 907.3 889

SBIN 201.3 249.7 226 213.7 190 177.7 154 141.7

SUNPHARMA 828 904 866 847 809 790 752 733

TATAMOTORS 403.1 436.9 421 412 396.1 387.1 371.2 362.2

TATAPOWER 72.6 79.4 77.1 74.8 72.5 70.3 68 65.7

TATASTEEL 331.1 359 345.5 338.3 324.8 317.5 304 296.8

TCS 2577 2738.3 2659.1 2618 2538.8 2497.8 2418.6 2377.5

TECHM 535 648.9 597.9 566.5 515.5 484.1 433.1 401.7

ULTRACEMCO 3242 3439.5 3347.3 3294.6 3202.4 3149.7 3057.5 3004.8

VEDANTA 102.9 119.7 112.8 107.9 101 96 89.1 84.2

WIPRO 545.4 567.8 559.4 552.4 544 536.9 528.5 521.5

YESBANK 1023.4 1123.7 1082.8 1053.1 1012.1 982.4 941.5 911.8

ZEEL 452.2 484.7 469.8 461 446.2 437.4 422.5 413.7

Page 8: Trade nivesh equity report 30.05.2016

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ly used as the basis of any investment decision. Nothing in this document should be construed

as investment or financial advice. Each recipient of this document should make such investiga-

tions as they deem necessary to arrive at an independent evaluation of an investment in the se-

curities of the companies referred to in this document including the merits and risks involved,

and should consult their own advisors to determine the merits and risks of such an investment.

Reports based on technical and derivative analysis center on studying charts of a stock's price

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